Central Kentucky Transmission Company

Original Volume No. 1

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Effective Date: 05/01/2006, Docket: CP05- 48-002, Status: Effective

Original Sheet No. 291 Original Sheet No. 291 : Effective

GENERAL TERMS AND CONDITIONS

(Continued)

41. INTERRUPTIBLE TRANSPORTATION REVENUE CREDITING MECHANISM.

(a) The purpose of this provision is to provide the mechanism by

which Transporter shall credit the revenues collected for providing

interruptible transportation service under Rate Schedule ITS.

(b) At the end of each contract year (November 1 to October 31),

Transporter shall credit one hundred percent (100%) of all Base Tariff Rate

revenue collected pursuant to Section 4 of Rate Schedule ITS to Shippers

receiving service under Rate Schedule FTS and Rate Schedule ITS based on

the Shippers' actual throughput for that contract year. Transporter shall

credit the bills of original capacity holders (and not Replacement Shippers

under Section 14 (Release and Assignment of Service Rights) of the General

Terms and Conditions within 60 days of the end of the contract year.

(c) Transporter will file a report within 60 days of the close of

the contract year showing the Rate Schedule ITS revenues and the resulting

interruptible transportation revenue credits for each month of the contract

year (November 1 to October 31).